STOCK TITAN

Insight Select Income Fund - INSI STOCK NEWS

Welcome to our dedicated page for Insight Select Income Fund news (Ticker: INSI), a resource for investors and traders seeking the latest updates and insights on Insight Select Income Fund stock.

Insight Select Income Fund (Symbol: INSI) is a diversified, closed-end management investment company, strategically positioning itself within the financial landscape to deliver high yields and stability to its investors. The primary objective of the fund is to achieve a high rate of return, mainly derived from interest income and trading activities associated with a portfolio primarily composed of debt securities.

Managed under the prestigious umbrella of Insight Investment, one of BNY Mellon's premier investment firms, Insight Select Income Fund benefits from a wealth of experience and a proven track record in asset management. Insight Investment, in turn, took over Cutwater Asset Management, a client-focused and solutions-based investment advisor specializing in fixed income investments, as of January 2, 2015. This acquisition has bolstered the fund's capabilities, leveraging Cutwater’s world-class investment expertise and risk management skills.

Insight Select Income Fund offers a comprehensive suite of solutions tailored to meet the specific needs of its diverse clientele, which includes state and local governments, financial institutions, pension funds, unions, insurance companies, corporations, and consultants. Among the key services provided are risk management, liquidity management, and return generation, positioning the fund as a reliable choice for those seeking robust financial strategies.

The fund's approach integrates exceptional client service, in-depth consultation, and extensive interaction between clients and the investment team, ensuring that each investment strategy is meticulously tailored to the client's objectives and risk tolerance. By focusing exclusively on fixed income investments, Insight Select Income Fund aims to provide consistent and reliable returns, regardless of market volatility.

Over the years, Insight Select Income Fund has demonstrated a solid performance record, reflecting its commitment to achieving its investment objectives while adhering to stringent risk management protocols. The fund continues to explore new opportunities and strategies to enhance its portfolio, making it an attractive option for investors seeking both stability and growth.

For more information on how Insight Select Income Fund can provide you with fixed income strategies and solutions, please contact us at 866-766-3030. Keep up with the latest news and developments directly from Insight Select Income Fund to stay informed about the fund's performance and upcoming projects.

Rhea-AI Summary

The Insight Select Income Fund (NYSE: INSI) has announced a quarterly dividend of $0.20 per share on December 5, 2024. The dividend will be paid on December 27, 2024, to shareholders of record as of December 18, 2024, with an ex-dividend date of December 18, 2024.

The Fund's last four quarterly dividend payments total approximately $0.80 per share. The Fund operates as a diversified closed-end management investment company, focusing on generating high returns primarily through interest income and trading activity from a debt securities portfolio.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
Tags
dividends
-
Rhea-AI Summary

KKR Income Opportunities Fund (KIO) and Insight Select Income Fund (INSI) have announced a definitive agreement for KIO to acquire INSI's assets. The transaction, expected to close in Q4 2024, will result in INSI shareholders receiving KIO shares with an option for up to 5% cash consideration. Key benefits include:

1. Increased size and scale (over $500M in net assets)
2. Attractive dividend (9.9% annual distribution rate as of 9/30/2024)
3. Enhanced liquidity and investor visibility
4. Operating expense savings
5. Access to KKR's credit platform ($237B AUM as of 6/30/2024)

KKR will offer a 12-month management fee waiver, reducing it from 1.10% to 0.99%. The transaction is intended to be a tax-free reorganization, subject to shareholder approvals and closing conditions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.17%
Tags
-
Rhea-AI Summary

The Insight Select Income Fund (INSI) has declared a quarterly dividend of $0.20 per share, payable on October 24, 2024, to shareholders of record as of October 10, 2024. The ex-dividend date is also set for October 10, 2024. This distribution maintains the Fund's recent quarterly dividend trend, with the last four payments totaling approximately $0.80 per share.

INSI is a diversified closed-end management investment company focusing on achieving high returns primarily through interest income and trading activities. The Fund's portfolio mainly consists of debt securities, with an additional aim of capital appreciation by purchasing undervalued debt instruments. Insight North America serves as the Fund's investment adviser, providing fixed income asset management services to various institutional clients.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
Tags
dividends
Rhea-AI Summary

Insight Select Income Fund (NYSE: INSI) announced a quarterly dividend of $0.20 per share, payable on July 25, 2024. Shareholders on record by July 10, 2024, with an ex-dividend date of July 9, 2024, will receive the payout. The total annual dividend from the past four quarters equates to $0.80 per share. The Fund aims to achieve high returns through interest income and trading activities, focusing on debt securities. Managed by Insight North America , the Fund targets both income generation and capital appreciation by purchasing undervalued debt securities. Note that the distribution may include non-income sources, such as a return of capital. Investors will receive detailed tax information post-year-end.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
dividends
-
Rhea-AI Summary

The Insight Select Income Fund (NYSE: INSI) has declared a quarterly dividend of $0.20 per share, payable on July 25, 2024. Shareholders on record by the close of business on July 10, 2024, with an ex-dividend date of July 10, 2024, will receive this distribution. This announcement updates a prior release, correcting the ex-dividend date.

Insight Select Income Fund aims for high returns primarily from interest income and trading activities in a portfolio of debt securities. Managed by Insight North America , the fund has a diversified investment strategy focusing on both high rate of returns and capital appreciation by buying undervalued debt securities. The fund’s last four quarterly dividends amounted to approximately $0.80 per share.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
dividends
-
Rhea-AI Summary
Insight Select Income Fund (INSI) declares a quarterly dividend of $0.20 per share, totaling $0.80 over four quarters. The Fund aims for high returns from interest income and trading activities through a diversified portfolio of debt securities. Insight North America serves as the Fund's investment adviser, catering to various institutional clients. The distribution may include sources other than net investment income, with a portion potentially being a return of capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
dividends
Rhea-AI Summary
Insight North America LLC announces changes in the portfolio management team for the Fund, with Erin Spalsbury joining as a portfolio manager and Gautam Khanna stepping down from day-to-day responsibilities. The Fund aims for high returns from interest income and trading activities through a diversified portfolio of debt securities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
none
-
Rhea-AI Summary
Insight Select Income Fund (NYSE: INSI) declared a quarterly dividend of $0.20 per share on December 5, 2023. The Fund's investment objective is to seek a high rate of return, primarily from interest income and trading activity, from a portfolio consisting of debt securities. The Fund's last four quarterly dividend payments from ordinary income equates to approximately $0.80 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
Tags
dividends
-
Rhea-AI Summary
The Insight Select Income Fund (INSI) has declared a quarterly dividend of $0.20, payable on October 25, 2023. The Fund's last four quarterly dividend payments equate to approximately $0.76 per share. The Fund aims to seek a high rate of return primarily from interest income and trading activity. Investors should exercise caution in interpreting and relying on forward-looking statements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.13%
Tags
dividends
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
Tags
dividends

FAQ

What is the current stock price of Insight Select Income Fund (INSI)?

The current stock price of Insight Select Income Fund (INSI) is $16.59 as of December 20, 2024.

What is the market cap of Insight Select Income Fund (INSI)?

The market cap of Insight Select Income Fund (INSI) is approximately 178.5M.

What is Insight Select Income Fund?

Insight Select Income Fund (INSI) is a diversified, closed-end management investment company aiming to achieve high returns from a portfolio mainly consisting of debt securities.

Who manages Insight Select Income Fund?

The fund is managed by Insight Investment, a premier investment firm under BNY Mellon, leveraging expertise and resources from the acquisition of Cutwater Asset Management.

What is the primary objective of Insight Select Income Fund?

The fund's primary objective is to seek a high rate of return, primarily from interest income and trading activities involving debt securities.

What types of clients does Insight Select Income Fund serve?

The fund serves a diverse clientele, including state and local governments, financial institutions, pension funds, unions, insurance companies, corporations, and consultants.

What services does Insight Select Income Fund offer?

The fund offers a range of solutions such as risk management, liquidity management, and return generation.

How does Insight Select Income Fund ensure high client satisfaction?

The fund emphasizes exceptional client service, in-depth consultation, and extensive interaction between clients and the investment team to tailor strategies to individual needs.

What is the historical performance of Insight Select Income Fund?

The fund has a solid performance record, consistently achieving its investment objectives while adhering to strict risk management protocols.

Where can I get the latest updates on Insight Select Income Fund?

You can stay informed about the fund's performance and developments by checking the latest news directly from Insight Select Income Fund.

How can I contact Insight Select Income Fund for more information?

For more information, you can contact Insight Select Income Fund at 866-766-3030.

What makes Insight Select Income Fund a reliable investment option?

The fund's focus on fixed income investments, combined with comprehensive risk management and tailored client solutions, makes it a reliable choice for stable returns.

Insight Select Income Fund

NYSE:INSI

INSI Rankings

INSI Stock Data

178.46M
10.71M
6.11%
51.33%
0.03%
Asset Management
Financial Services
Link
United States of America
New York